Netweb Technologies: IPO Date, Review, Price, Allotment, and Analysis

Netweb Technologies is an India based IT firm known for providing server, storage and high-performance computing (HPC) solutions. Established in 2001, they have amassed considerable experience within the IT industry while aiding numerous organizations around the globe meet their IT requirements successfully.

Netweb offers an expansive:

  • Servers: Netweb offers an expansive selection of servers from industry leaders such as Dell, HP and IBM. Likewise for Storage solutions suited for both on-premises and cloud environments.
  • Netweb provides an expansive portfolio of HPC solutions spanning servers, storage, software and more to meet client demands for HPC technology. Their range of consulting, implementation and support services ensure holistic assistance throughout each stage of customer experience.
  • Netweb serves customers from a diverse array of industries, such as finance, healthcare, manufacturing and government sectors. Their team has built up an outstanding track record of offering exceptional solutions tailored to the unique requirements of their customer base.

Netweb experienced exceptional growth during fiscal 2023. Revenue from operations increased 80% to reach Rs 445 crore while its net profit more than doubled, reaching Rs 47 crore during that same year.

Netweb Technologies: IPO Date, Review, Price, Allotment, and Analysis
Netweb Technologies: IPO Date, Review, Price, Allotment, and Analysis

Given its proven ability to meet market needs in both domestic and global environments, Netweb stands to benefit greatly from future expansion. Proactively broadening their product and service offering so as to effectively meet customers’ changing requirements is the company’s top priority.

As of July 15, 2023, Netweb Technologies is based out of New Delhi in India with 15 strategically placed offices around India. Through a dedicated workforce of more than 1,000 employees, they strive to offer superior service and support for customers.

Netweb Technologies should be high on your list when searching for reliable server, storage and HPC solutions providers.

Netweb Technologies IPO Details

Netweb Technologies IPO Details: Netweb Technologies has set the date and will open their IPO market launch on July 17 and close it July 19. Netweb’s aim for their IPO is to raise approximately Rs631 crores through fresh issue of Rs206 crores as well as sell up to 8,500,000 equity shares each for Rs2 each in offer for sale; retail quota stands at 35% while QIB and NII will each take 50% each of this total sum raised via this route.

Capital Equipment Requirements

  • our long term working capital requirements is essential.
  • Funding our long term working capital requirements
  • Repayment or pre-payment in full of our outstanding borrowings
  • General corporate purposes.

Netweb Technologies IPO Date & Price Band Details

IPO Open:July 17, 2023
IPO Close:July 19, 2023
IPO Size:Approx ₹631 Crores
Fresh Issue:Approx ₹206 Crores
Offer for Sale:Approx 8,500,000 Equity Shares 
Face Value:₹2 Per Equity Share
IPO Price Band:₹475 to ₹500 Per Share
IPO Listing on:BSE & NSE
Retail Quota:35%
QIB Quota:50%
NII Quota:15%
Discount:N/A
DRHP Draft Prospectus:Click Here
RHP Draft Prospectus:Click Here
Anchor Investors List:Click Here

Netweb Technologies IPO Market Lot

Netweb Technologies IPO minimum market lot for retail investors is 30 shares with an application amount of Rs15,000. Retail investors may apply up to 13 lots with 30 shares each for up to Rs195,000 total amount of applications.

ApplicationLot SizeSharesAmount
Retail Minimum130₹15,000
Retail Maximum13390₹195,000
S-HNI Minimum14420₹210,000
B-HNI Minimum681050₹10,05,000

Netweb Technologies IPO Allotment & Listing Dates

Netweb Technologies IPO date and close date is July 17-19 respectively, while their allotment will take place July 24 with their listing taking place two days later on July 27.

Price Band Announcement:12 July 2023
Anchor Investors Allotment:14 July 2023
IPO Open Date:17 July 2023
IPO Close Date:19 July 2023
Basis of Allotment:24 July 2023
Refunds:25 July 2023
Credit to Demat Account:26 July 2023
IPO Listing Date:27 July 2023

Netweb Technologies IPO Form

How Can I Submit An Application For Netweb Technologies’ Initial Public Offering (IPO)? You have two ways of applying for Netweb Technologies IPO: via ASBA in your bank account or downloaded forms available via NSE and BSE. For either option, just log onto online bank login, select Netweb Technologies in Invest section and proceed.

Netweb Technologies Company Financial Report

  ₹ in Crores
YearRevenueExpensePAT
2021₹144.2₹133.2₹8.23
2022₹247.9₹217.7₹22.45
2023₹445.7₹382.7₹46.94

Netweb Technologies IPO Valuation – FY2022

Take a closer look at Netweb Technologies IPO valuation details such as Earning Per Share (EPS), Price/Earning P/E Ratio, Return On Net Worth (RoNW), and Net Asset Value (NAV).

Earning Per Share (EPS):₹9.22 per Equity Share
Price/Earning P/E Ratio:102.97
Return on Net Worth (RoNW):68.01%
Net Asset Value (NAV):₹18.39 per Equity Share
Peer GroupSyrma SGS Technology Limited
Kaynes Technology India Limited
Dixon Technologies (India) Limited
Company PromotersMr. Sanjay Lodha
Mr. Navin Lodha
Mr. Vivek Lodha
Mr. Niraj Lodha
Netweb Technologies IPO RegistrarLink Intime India Private Ltd
Phone: +91-22-4918 6270
Email: [email protected]
Website: https://linkintime.co.in/
Netweb Technologies IPO Allotment Status CheckCheck Netweb Technologies IPO allotment status on Linkintime website allotment URL. Click Here
Netweb Technologies IPO Lead Managers aka Merchant BankersEquirus Capital Private Limited
Iifl Securities Ltd

Company Address

  • Netweb Technologies Limited
  • Plot No H-1, Pocket 9,
  • Faridabad Industrial Town (FIT), Sector-57,
  • Ballabhgarh, Faridabad, Haryana – 121004
  • Phone: +91 – 1292310416
  • Email: [email protected]
  • Website: www.netwebindia.com

Netweb Technologies IPO FAQs

What is Netweb Technologies IPO?

Netweb Technologies IPO is an exciting main-board IPO. Their aim is to raise Rs631 Crore through this offering; shares will cost between Rs475 to Rs500 each in price range 475500 on both BSE & NSE exchanges.

When Netweb Technologies IPO will open?

This initial public offering (IPO) will open to QIB, NII and Retail Investors on July 17th 2023.

What is Netweb Technologies IPO Investors Portion?

QIB investors make up 50%, NII 15% and Retail 35% of each share issued.

How to Apply the Netweb Technologies IPO?

Apply for Netweb Technologies IPO through ASBA online with your bank account, through UPI through stock brokers or even using an offline form from these entities.

Easy to Apply Netweb Technologies IPO through Upstox?

Log into the Upstox Application with your credentials, select an Initial Public Offering (“IPO”, such as Netweb Technologies) and click Bid Button before Confirming Application and clicking Bid. Proceed further in using UPI App on Net Banking/BHIM App for Approving Mandate before opening Demat Account with Upstox.

What is Netweb Technologies IPO Size?

Netweb Technologies IPO size is ₹631 crores.

What is Netweb Technologies IPO Price Band?

Netweb Technologies IPO Price Band Is Rs475-Rs500.

What Are My Netweb Technologies IPO Lot Sizing Options?

Minimum bid amount per Share for auctioning will be Rs15,000 while maximum bidding can go as high as 390 Shares with total bids amounting to Rs195,000.

What is the Netweb Technologies IPO Allotment Date?

Netweb Technologies IPO allotment date is July 24, 2023.

What Is the Netweb Technologies IPO Listing Date?

Netweb Technologies IPO listing date is July 27, 2023. The IPO is to list on BSE and NSE.

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